The buyer is a partnership associated with Fort Lauderdale-basedStiles Corp. The seller, locally based Minto Communities, wasrepresented by New York City-based DTZ Rockwood managing directorJohn Bell, who is located in the firm's Miami office. Staubach Co.SVP Brad Peterson assisted Bell in the sale.

The property, which was 92% leased at the time of the sale, islocated along a heavily traveled road. Across from the center is afuture development site known as Creek Commons, which will bring ananticipated 2,700 residential units and potentially 1,300 hotelrooms, as well as a recreational center.

"The surrounding demographics are impressive and the opportunityto increase rents over the near term are significant," saysBell.

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